Prospectus excerpt:  United Community Banks, Inc. is offering 4,000,000 depositary shares, each representing a 1/1000th interest in a share of perpetual 6.875% Non-Cumulative Preferred Stock, Series I, $1.00 par value, with a liquidation preference of $25,000 per share (equivalent to $25 liquidation preference per depositary share) (the “Series I Preferred Stock”). Each depositary share, evidenced by a depositary receipt, entitles the holder, through the depositary, to a proportional fractional interest in all rights and preferences of the Series I Preferred Stock (including dividend, voting, redemption and liquidation rights).